Today's Entrepreneur

Today's Investor: Jed Katz

No. 1 mistake: Running out of money!

Entrepreneurs often live unstable lives. But as they courageously take risks, they'll make several mistakes which become valuable lessons for the rest of us.

They have their ups and downs. But at the end of the day, these creative daredevils are the ones who are changing the world.

Within our community you will find a number of talented entrepreneurs.

We've just created new profiles for our Vator members to share their story. So if you are a first-time, serial, or even an aspiring entrepreneur, we'd like to hear from you.

Today's entreprenuer is Jed Katz, founder of Rent Net and Move.com. He is also a Managing Director and co-founder of Javelin Venture Partners. Jed and his team just raised a $105 million fund.

According to his VEQ, Jed is a thought leader and is good at fundraising and sales management.

I Am: An Investor

Name companies you've founded or co-founded:

Rent Net, Move.com

Name companies you've invested in:

Many

List your favorite startups:

Netpulse, Groupon, Lithium, Pandora, Zynga

What's most frustrating and rewarding about entrepreneurship/innovation?

The chicken & egg problem is the most frustrating. The constant "juice" is the most rewarding.

What's the No. 1 mistake entrepreneurs make?

Running out of money!

What are the top three lessons you've learned as an entrepreneur?

When you realize you have a head start in a great category, speed up! Raise money when you can - bring in more than you think you need. Hire amazing people, get rid of anyone slowing you down or causing issues.